1 January 2024 false No description of principal activity Taxfiler 2024.6 10513772business:PrivateLimitedCompanyLtd2024-01-012024-12-31 105137722023-12-31 105137722024-01-012024-12-31 10513772business:AuditExemptWithAccountantsReport2024-01-012024-12-31 10513772business:FilletedAccounts2024-01-012024-12-31 105137722024-12-31 10513772business:Director12024-01-012024-12-31 10513772business:RegisteredOffice2024-01-012024-12-31 105137722023-12-31 10513772core:WithinOneYear2024-12-31 10513772core:WithinOneYear2023-12-31 10513772core:AfterOneYear2024-12-31 10513772core:AfterOneYear2023-12-31 10513772core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 10513772core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10513772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 10513772core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10513772core:PreviouslyStatedAmount2024-12-31 10513772core:PreviouslyStatedAmount2023-12-31 10513772business:SmallEntities2024-01-012024-12-31 10513772countries:EnglandWales2024-01-012024-12-31 10513772core:ComputerEquipment2023-12-31 10513772core:ComputerEquipment2024-12-31 10513772core:ComputerEquipment2024-01-012024-12-31 105137722023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10513772 (England and Wales)
SRG AUTOMOTIVE LTD Unaudited accounts for the year ended 31 December 2024
SRG AUTOMOTIVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SRG AUTOMOTIVE LTD Company Information for the year ended 31 December 2024
Director
S C Cozma
Company Number
10513772 (England and Wales)
Registered Office
38 Lauderdale Avenue Coventry CV6 4LL
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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SRG AUTOMOTIVE LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,220 
6,141 
Current assets
Debtors
5
8,896 
22,800 
Cash at bank and in hand
11,932 
1,084 
20,828 
23,884 
Creditors: amounts falling due within one year
6
(6,299)
(2,968)
Net current assets
14,529 
20,916 
Total assets less current liabilities
19,749 
27,057 
Creditors: amounts falling due after more than one year
7
(17,781)
(25,463)
Net assets
1,968 
1,594 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,967 
1,593 
Shareholders' funds
1,968 
1,594 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 September 2025 and were signed on its behalf by
S C Cozma Director Company Registration No. 10513772
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SRG AUTOMOTIVE LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
SRG AUTOMOTIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 10513772. The registered office is 38 Lauderdale Avenue, Coventry, CV6 4LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
10,000 
At 31 December 2024
10,000 
Depreciation
At 1 January 2024
3,859 
Charge for the year
921 
At 31 December 2024
4,780 
Net book value
At 31 December 2024
5,220 
At 31 December 2023
6,141 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,896 
22,800 
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SRG AUTOMOTIVE LTD Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
582 
564 
Taxes and social security
5,717 
2,404 
6,299 
2,968 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,781 
25,463 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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